Anand Rathi Wealth Stock Surges 3.75% - Analysts Recommend Buy

Anand Rathi Wealth (ARW) stock jumped 3.75% today, closing at ₹4,006.35. The wealth management firm has seen strong momentum recently, with the stock up 10.66% over the past week. Analysts remain bullish on ARW, with a consensus Buy rating and a mean target price of ₹4,200. The company reported solid Q3 FY25 results, with revenue reaching ₹237 crore, up 26.6% year-over-year. ARW's robust financial performance and favorable industry tailwinds have contributed to its 611.35% return over the last 3 years, significantly outperforming the broader market. With a market cap of ₹16,630 crore, ARW is well-positioned to capitalize on India's growing wealth management sector.
Source: Moneycontrol, Economic Times